People Moves
As of today,
Charles Ko will
no longer serve as PM to the
Invesco Low Volatility Equity Yield Fund, All Cap Market Neutral Fund, Global Market Neutral Fund, Long/Short Equity Fund, and the
Low Volatility Emerging Markets Fund
In the wake of his retirement,
Randle L. Smith will
no longer serve as PM of
the Virtus Duff & Phelps Global Infrastructure Fund, effective June 30.
***
Share Classes
Effective July 6, Class B shares of the
Wells Fargo Allocation Funds will
no longer be offered.
Effective July 13, the
Fidelity Government Money Market Fund will
replace Daily Money Class shares of Fidelity funds as an exchange privilege for Class M (formerly Class T) shareholders.
***
Fund Updates
Today, the
Neuberger Berman Neuberger Berman Focus Fund updated its investment strategy to include an options risk.
The Board of Investors of the
Voya Investment Trust approved the
reorganization of its
Merging Portfolio, which is the
Diversified Mid Cap Portfolio (Class S2), into its
Surviving Portfolio, the
Voya MidCap Opportunities Portfolio (Class I), which is expected to be effective around or on July 14.
***
Fees
Today,
Vanguard ETF Funds, including ETF shares of the
Vanguard Developed Markets Index Fund, Vanguard Large-Cap Index Fund, Vanguard Short-Term Bond Index Fund, and the
Vanguard Total Bond Market Index Fund. changed the total operating expenses charged by the funds.
Vanguard will
impose a $10 wire fee on outgoing wire redemptions from non-retirement accounts, effective July 20. For retirement accounts, wire redemptions will be subject to this fee on September 13.
***
Liquidations
CCA Investment Trust is
liquidating its
CCA Core Return Fund, effective June 20.
Voya approved the liquidation of the
Voya Diversified International Fund, effective August 11. However, the fund is closed to new investors today.
***
Check our last Filings For Fundsters column (previously called Stork and Reaper) for more SEC filing updates. For the latest new hires and fund launches, explore our Follow The Fundsters, The Next Gig, and New Fund Fuss columns. If you have a fund filing, a mutual fund launch, a product change or a new hire that you would like to announce, please contact the MFWire team at editors@investmentwires.com. 
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